Following Trump’s old path, Biden will continue to maintain high pressure on China. Japanese media:the world cannot leave China
As time goes by, the”struggle” of Trump gradually loses its effect. It is only a matter of time before Biden takes over as president. But it is worth mentioning that the China policy formulated by Biden is intriguing.
According to domestic media reports on November 21, Biden will continue to maintain high pressure on China and will not cancel Trump’s sanctions within a short period of time. In addition, Biden also said that he will continue to allocate 400 billion US dollars to revive the US manufacturing industry.
Replace China from”the biggest enemy” to”the biggest Although Biden has changed his tone, his attitude towards China has largely inherited Trump’s legacy.
In this regard, Japan’s Nikkei Asian Review also issued an article to remind Biden not to continue to follow Trump’s old path, but to make rational judgments that the world supply chain cannot leave China.
There are western The media believe that China’s manufacturing industry is declining, and it is not even as good as India. But in fact, the products produced in China have always been popular with Indians. For example, high-tech electronic products such as mobile phones have won unanimous praise from the Indian people. And Modi also hesitated when facing the RCEP signing.
Some analysts believe that Modi’s hesitation is precisely because he is afraid that after signing the agreement, a large number of Chinese-made products will flood the Indian market, which will cause a serious blow to Indian companies. China’s manufacturing industry is very resilient and backed by strong productivity, rather than improper evaluation by the Western media.
In order to curb the development of China’s manufacturing industry, Trump Zhang Luoyi Allies, such as India and Japan, moved their factories to Southeast Asia and tried to”break away from dependence on Chinese manufacturing.”
In addition, many foreign companies based in China have also moved to Southeast Asia. These things seem to have created a certain illusion for the international media. The withdrawal of foreign companies and the US strategy will have an impact and impact on China’s manufacturing industry.
But special Did Trump’s series of actions really make a difference? In fact, it is not. According to incomplete statistics, the share of China’s merchandise exports has been increasing in the past five years, reaching 18%by the end of last year. This also indirectly illustrates a phenomenon that China’s manufacturing industry has not declined with the implementation of Trump’s strategy, but has also contributed to the vigorous development of China’s manufacturing industry.
So the Japanese media gave sensible advice, and Biden should also notice that Trump has tried so hard to engage in”scheming” and still contain The development of China’s manufacturing industry cannot be achieved. What the Biden team should do is not to suppress, but to enhance the level of manufacturing in the country, and form a benign competition with cooperation and development, not behind the transfer of the industrial chain. After all, this is impossible to achieve.